The correction in the Risk Balanced strategy portends more attractive returns for the future

Posted on 11. May, 2015 by Jean Jacques Ohana in Weekly Focus

Since the end of April, a significant correction has hit bonds and equities markets altogether, a feature of financial deleveraging. As a matter of fact, Riskelia Fund has been declining 0.5% since the start of May and about 2.5% from the high reached on April 15th (the max drawdown of the fund being 3.5% from [...]

The herds are rushing to the exit on the dollar and the bonds

Posted on 05. May, 2015 by Jean Jacques Ohana in Weekly Focus

Last week financial markets were driven by behavioral dynamics rather than fundamentals. As showed in figure 1, the most significant moves were the euro zone bonds tumble occurring simultaneously with the sharp rebound of the EUR currency vs. USD and JPY. Both markets were rated with giant bubbles of more than 90% on a scale [...]